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Conseco Reports Fourth Quarter and Year-End Results
Date:3/31/2008

Three Months Ended

December 31,

2007 2006

(Restated)

EBIT (2), excluding costs related to a

litigation settlement and loss related

to a coinsurance transaction:

Bankers Life $58.3 $67.5

Conseco Insurance Group 7.7 27.9

Colonial Penn. (.2) 5.4

Other Business in Run-off (10.0) (45.1)

Corporate Operations, excluding corporate

interest expense (2.9) (.4)

EBIT 52.9 55.3

Corporate interest expense (19.1) (16.0)

Loss on extinguishment of debt -- (.7)

Income before net realized investment

losses and taxes 33.8 38.6

Tax expense on period income 14.3 14.0

Income before net realized investment

losses and valuation allowance for

deferred tax assets 19.5 24.6

Valuation allowance for deferred tax assets 68.0 --

Net income (loss) before net realized

investment losses (48.5) 24.6

Preferred stock dividends:

5.50% Class B mandatorily convertible

preferred stock -- (9.5)

Net operating income (loss) (48.5) 15.1

Net realized investment losses, net of

related amortization and taxes (23.0) (9.4)<
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SOURCE Conseco, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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1. Conseco Files 10-K and Sets Earnings Release Date
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5. Hacker Joins Conseco as Senior Vice President and Treasurer
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